Compare Analysis of Family Advantage with 0.29% APY

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

$
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE

All calculations are for demonstration purposes only.

  • 1
    LOCAL CD
    Family Advantage
    $50,000
    18 Month
    0.29%
    0.51x (National Avg. - 0.58%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.29%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 146 102
    2 50,146 146 102
    3 50,291 146 102
    4 50,438 147 103
    5 50,585 147 103
    6 50,732 148 103
    7 50,879 148 104
    8 51,027 148 104
    9 51,176 149 104
    10 51,325 149 105
    11 51,474 150 105
    12 51,624 150 105
    13 51,774 151 105
    14 51,925 151 106
    15 52,076 152 106
    16 52,228 152 106
    17 52,380 152 107
    18 52,532 153 107
    19 52,685 153 107
    20 52,838 154 108
    TOTAL $2,992 $2,094